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Two-Story Brewery and Taproom
For Sale
$240,000

406 E Adams Street, Springfield, IL 62701

Two-story masonry building with full unfinished basement, built-out bars, production space, and updated plumbing and electrical systems.

Property Size3,740 SF
Price / SF$64.17
Days on Market125

Property Features for 406 E Adams Street

General Information

Standard status Active
Size 3,740 SF
Property subtype Commercial

Additional Details

Grease Trap Yes

Taxes and HOA fees

Annual Taxes $4,338

Building Details

Year Built 1900
Year Renovated 2024
Stories 2
Listing Agency: Coldwell Banker Commercial Dev
Listed By: Blake Pryor (bpryor@cbcdr.com) · License #475159138
Source: Curveyrealestate
Added: May 8 Changed: Sep 8 Last Checked: Sep 8 at 8:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Dev

Investment Insights

Based on property information with market context.

This former craft brewery and taproom property consists of a two-story masonry building with a full unfinished basement. The space has been extensively renovated between 2017 and 2024 and is currently configured with substantial hospitality and production infrastructure. The first floor includes a built-out bar and seating area, a production room, and two ADA-compliant restrooms. It also features a 3-compartment sink, handwashing sink, and a walk-in cooler with tap lines, including updated glycol and CO2 systems. The second floor provides additional seating areas, a secondary bar with a 3-compartment sink and handwashing sink, two restrooms, and a small kitchen with a range hood, 3-compartment sink, handwashing sink, and an above-grade grease interceptor.

Improvements include an EPDM rubber roof and exterior stucco improvements in 2024, plus a glass garage door entrance. Interior and systems work includes extensive electrical upgrades (including a new exterior panel and 240 V service and lighting throughout), CAT5 cabling, custom shelving, and structural reinforcements supporting prior brewery operations in 2017. Plumbing updates were completed in the basement up to the City connection between 2018 and 2021. Furniture and equipment are not included, but may be available for purchase.

The property is situated along Adams Street in downtown Springfield and is positioned along the Old Capitol Farmers Market route, which has drawn consistent seasonal and weekend traffic since 1999.

Key Highlights

  • Two‑story masonry former craft brewery and taproom with a full unfinished basement (built in 1900).
  • First floor offers 1,820 SF with a built‑out bar and seating, production room, and two ADA‑compliant restrooms.
  • Second floor offers 1,920 SF with additional seating, a secondary bar, two restrooms, and a small kitchen with grease interceptor.

Property Analytics

Current Use

Old Capitol Farmers ... Specialty Food Shop Seoul 4 Soul Restaurant US Bank Mortgage Loan Service Buzz Bomb Brewing ... Production Facility

Suggested Use

Top Pick HVAC Service Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Home Appliance Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

3,767
Businesses Nearby

Demographics for 62701, IL

1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Brewery - Two-story masonry building with full unfinished basement, built-out bars, production space, and updated plumbing and electrical systems.
Where is this brewery located?
The property is located at 406 E Adams Street Springfield, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑story masonry former craft brewery and taproom with a full unfinished basement (built in 1900).; First floor offers 1,820 SF with a built‑out bar and seating, production room, and two ADA‑compliant restrooms.; Second floor offers 1,920 SF with additional seating, a secondary bar, two restrooms, and a small kitchen with grease interceptor.
More about this property
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